[SPEAKER_01]: All right, everybody.
[SPEAKER_01]: Welcome back to the crypto 101 podcast presented by Gemini your bridge to the future of money and happy Friday folks.
[SPEAKER_01]: It is a very exciting Friday.
[SPEAKER_01]: We have a little bit of green price action, which is always exciting to see, but we have with us, none other than Brendan to do a deep dive on the technical analysis side.
[SPEAKER_01]: So if you're tuning into this episode, you want technical analysis.
[SPEAKER_01]: You want to see what's going on with Bitcoin, but Bitcoin,
[SPEAKER_01]: Ethereum, all the all coins, Brennan's going to do that for you right at the top of the episode.
[SPEAKER_01]: And then of course, we're going to go over all the news because continuously, fundamentally bullish news across the board again this week.
[SPEAKER_01]: More importantly, specifically from Davos, Switzerland, the world economic
[SPEAKER_01]: forum was going on this week and crypto again was the talk of the town.
[SPEAKER_01]: Everything from the president of the United States to Coinbase to black rock.
[SPEAKER_01]: Everybody was there and had a bunch of sound bites.
[SPEAKER_01]: So we do have a heavy sound bite episode.
[SPEAKER_01]: So I hope everybody enjoys that.
[SPEAKER_01]: But we are going to kick it off with Brendan with the charts.
[SPEAKER_01]: Brendan happy Friday, my friend.
[SPEAKER_01]: Welcome back to the run down.
[SPEAKER_01]: Feels like maybe it's been a week or two without you.
[SPEAKER_01]: But um, we got a little green.
[SPEAKER_01]: Little green on the board today.
[SPEAKER_09]: we got a little bit of green on the board.
[SPEAKER_09]: Happy freaking Friday to everyone that's listening here.
[SPEAKER_09]: It is January 23rd, 2026.
[SPEAKER_09]: And I mean, Tivo, you hit the nail on the head.
[SPEAKER_09]: Lots of talk about prices are moving.
[SPEAKER_09]: We saw a steep move down the start off the week or rallying back off up.
[SPEAKER_09]: to end the week, and we've gotten a lot of news, so there's a lot of different catalysts to talk about Davos, different fud that has come and gone, in regards to the Clarity Act, in macroeconomic and geopolitical events, and you name them, and there's just been stuff all over the place in crypto as one of the leading risk on assets.
[SPEAKER_09]: has been all over the place reacting to this stuff.
[SPEAKER_09]: So it's good, it's bad, it's good, it's bad.
[SPEAKER_09]: And like Tiva said, I mean, man, we got a lot of different clips and images and charts and graphics to show.
[SPEAKER_09]: So if you are a listener on Apple Podcasts or Spotify or any URLs, all it will excuse me, you need to go over to our YouTube channel.
[SPEAKER_09]: It's the crypto 101 podcast on YouTube.
[SPEAKER_09]: That's where you're going to get to see all the videos, all the clips, all the images.
[SPEAKER_09]: So make sure you check us out on YouTube if you are interested in that.
[SPEAKER_09]: Teva, let's just start it off with the charts here.
[SPEAKER_09]: Let's just take a quick look at the charts so that everyone can understand what's going on and where the crypto market is moving here.
[SPEAKER_09]: Because we have Bitcoin moving back above $90,000.
[SPEAKER_09]: And pretty much it's just a sea of green today.
[SPEAKER_09]: And so let's go ahead and throw up this screen share so that everyone can see it with me.
[SPEAKER_09]: But this is what we're looking at on Bitcoin.
[SPEAKER_09]: Again, rallying off around 87K, we're up about $3,000 in the last.
[SPEAKER_09]: 48 hours or so.
[SPEAKER_09]: And we're back up to around 90,000, 500 bucks.
[SPEAKER_09]: So Bitcoin's green one percent, Ethereum's green one percent, XRP's green one percent, Eradrome, watch out.
[SPEAKER_09]: It's up six and a half percent on the day.
[SPEAKER_09]: And then from there on, you know, you just have a lot of different movers.
[SPEAKER_09]: Some cryptos that are a big, you know, you have Honda, which is up four and a half percent.
[SPEAKER_09]: uh... pepe which is up four and a half percent clear pool six percent and any of some that are just sitting neutral for the most part some other big winners here and there but uh... you know lots of just kind of mixed reactions here but for the most part it's it's a sea of green when it comes to the crypto market on this friday and so let's just kick it off with bitcoin because it's been a pretty choppy zone it's been a really fraughty zone and i know
[SPEAKER_09]: It's made investors frustrated, right?
[SPEAKER_09]: You know, we do a lot of trading over here and I've seen a lot of frustration and kind of mixed reactions about the zone because, you know, we started off in October, right?
[SPEAKER_09]: We had this big liquidation event move down, consolidation move down, consolidation move down, and then this is where the real chop began because you kind of had this ultimate down point, you know, we're consolidating up chopping back and forth.
[SPEAKER_09]: And then it fell back below the 20-day moving average rejected went back to the lows, stopped a lot of people out, and then it broke the 50, and it moved up to higher highs, and we're above the moving averages.
[SPEAKER_09]: You saw the golden cross.
[SPEAKER_09]: You saw the higher high push.
[SPEAKER_09]: And on this move, it was the highest level of green day volumes that we've seen since April 7th and 9th, which was the bottom of the tariff crash.
[SPEAKER_09]: So everyone is getting all excited.
[SPEAKER_09]: You're seeing increasing levels of volume, new highs on Bitcoin, breakout, the moving averages, crossing upwards and pointing to the upside, and then we got wiped out again, and a lot of people got liquidated.
[SPEAKER_09]: And so that's been the name of the game here lately, it's just hey, it's a choppy price action zone.
[SPEAKER_09]: You had all the longs get liquidated, then all the shorts get liquidated, then all the shorts, then all the longs, then the shorts, and then the longs, and you go back and forth, and each side's getting liquidated again, and again,
[SPEAKER_09]: And everyone's just been getting kind of wiped out in this zone if you've been trying to trade it.
[SPEAKER_09]: If you've had false breakouts to the upside, false break downs to the downside, and this kind of paints the full picture of what's going on in here, and it's, you know, hey, it looks like we're in a rising channel.
[SPEAKER_09]: And part of this was due to the news that we're going to talk about.
[SPEAKER_09]: I think a big reason why we saw this big tick down this week was because there was all sorts of different pieces of flood, which stands for fear and certainty and doubt.
[SPEAKER_09]: You had flood in regards to the whole Greenland situation.
[SPEAKER_09]: You had flood in regards to tariffs and trade war stuff between the USA and Europe and other countries.
[SPEAKER_09]: You had flood over this and that and what was being said at Davos and some was good,
[SPEAKER_09]: But as the week moved on, you started to see a lot of these different, to negative catalysts and negative fun events.
[SPEAKER_09]: begin to get resolved.
[SPEAKER_09]: And again, we're going to talk about that a little bit later, but that was a huge contributing factors to why we've seen this volatility.
[SPEAKER_09]: And as it's getting resolved, you are seeing prices move back to the upside.
[SPEAKER_09]: Now, the only fear that I have here, Tvo, is if you're looking at the chart, you do have this failure to break higher, and then on the way down, you didn't catch back on kind of these prior highs over here, this prior resistance level, you didn't catch on that, you didn't catch on the 20 day, you didn't catch on the 50 day.
[SPEAKER_09]: You pretty much just went straight through every possible short-term support, straight to the bottom of this climbing support line, as we've kind of seen in here, and found a little bit of support down there.
[SPEAKER_09]: My fear here is that if you kind of zoom this out to a weekly time frame, you can see this pretty clearly.
[SPEAKER_09]: My fear here is that this looks like it's a move to the downside, followed by a rising channel upwards.
[SPEAKER_09]: Now, when you get anything where it's like a move to the downside followed by a rising channel, it's typically called a bear flag and that's not the best thing to see or witness.
[SPEAKER_09]: And so when we go back to the daily chart here, the one-day chart, you can see that we have been for the most part kind of having this deeper move downwards followed by this back and forth as we rise in this channel around.
[SPEAKER_09]: So there's two ways to look at it.
[SPEAKER_09]: Number one, hey, we're at support
[SPEAKER_09]: Um, so just because it's a rising channel, it's like, hey, we'll number one, we're at support.
[SPEAKER_09]: The support has not broken yet, so that's a good thing to see.
[SPEAKER_09]: And it's, you know, just because it's maybe more probable to break down words, doesn't mean that it has to be.
[SPEAKER_09]: So,
[SPEAKER_09]: The other half of this is saying, hey, this is a bearish formation.
[SPEAKER_09]: We did just see a failure to break higher.
[SPEAKER_09]: We just saw a failure of bullish structure and now we're beneath the 20 day, beneath the 50 day, back at support inside of a bearish formation.
[SPEAKER_09]: And I think there's a little bit of fears around that.
[SPEAKER_09]: And I think everyone should just be aware here and say, hey,
[SPEAKER_09]: Number one, we're obviously very bullish on the long-term of crypto, but in the short-term here, if you do kind of see a breakdown below here below 86, below 85, anywhere down in there, then I think there is a reasonable cause to be a little bit more nervous about Bitcoin in the short-term, because if you start getting a breakdown below here,
[SPEAKER_09]: I think you could have about a 10% plus move in either direction.
[SPEAKER_09]: So if we start getting a breakout higher, I think you could easily go back to 106 to 1010.
[SPEAKER_09]: If you get a breakdown lower, you could easily have a 10 plus percent move to the downside.
[SPEAKER_09]: And that could bring Bitcoin back to the mid to low 80s, dare I even say somewhere in the 70s.
[SPEAKER_09]: And that's something that's on the table here, and so what we're seeing across the board is a huge squeeze in consolidation amongst the large caps.
[SPEAKER_09]: You're seeing it happen here on Bitcoin.
[SPEAKER_09]: As we move forward, you're seeing the squeeze kind of happen over here on Ethereum.
[SPEAKER_09]: You have this move down right here followed by a penit and price action squeezing.
[SPEAKER_09]: And we're beneath both of the moving averages.
[SPEAKER_09]: We're getting beneath support a little bit.
[SPEAKER_09]: And we're consolidating just like on Bitcoin around or below that 50-day moving average.
[SPEAKER_09]: On Solana, similar story, move down big consolidation time, now we're back beneath this short term moving averages.
[SPEAKER_09]: For XRP, multi-month kind of downwards trendline where you've just continually been rejecting and rejecting and rejecting this trendline.
[SPEAKER_09]: And now you're putting a lot of pressure into this big,
[SPEAKER_09]: You know, yearlong support that's been just around or below the $2 area, and so for the XRP fans, you're saying, hey, you know, obviously price action squeezing a little bit to the downside here, you want to see a break of that trend line, and if you do, you can actually have a really big rally, it's a matter of does it have the strength to break through this, and if not, a failure lower again could be a pretty sizeable move.
[SPEAKER_09]: Even with B&B, one of the larger cryptos out there up there with a theory in Salana and XRP and a lot of these other ones, sitting around a $123 billion market cap, similar story.
[SPEAKER_09]: We kind of have the move off the highs, rising channel, breakdown, bear flag.
[SPEAKER_09]: breakdown, big rising channel over in here.
[SPEAKER_09]: And so what you're seeing is just consolidation and squeezing of both support and resistance levels across all of the major large caps.
[SPEAKER_09]: And so I think all eyes need to be on here.
[SPEAKER_09]: If you're a fan of the crypto market, keep a close eye on the market.
[SPEAKER_09]: We're seeing a big squeeze happen.
[SPEAKER_09]: And so regardless of what happens if of this squeeze, there's a big move.
[SPEAKER_09]: I think that's coming.
[SPEAKER_09]: Hey, if we get a breakout to the upside, again, easily could be double digit moves for a lot of these large caps.
[SPEAKER_09]: I'm saying 10 plus percent is something that is very, very achievable on this kind of move.
[SPEAKER_09]: So if you see a breakout to the upside, easily 10, 15, 20 percent move is on the table.
[SPEAKER_09]: If you're having a breakdown, easily, again, 10, 15, maybe, I think 20 percent is probably pushing it.
[SPEAKER_09]: but easily over 10% is a fully possible move here, which is big for these assets that are worth hundreds of billions or trillions of dollars in market cap.
[SPEAKER_09]: And so on the technical side, Tevo, that's what I'm watching out for.
[SPEAKER_09]: It feels like we really are putting max pressure.
[SPEAKER_09]: Now, we might not be at max pressure yet, but we're working our way towards putting some serious pressure
[SPEAKER_09]: into the large caps and I think that that is going to be a huge factor pushing us forward.
[SPEAKER_09]: So that's what I'm seeing across the board.
[SPEAKER_09]: I know everyone's wondering about altcoins.
[SPEAKER_09]: One of the things I've seen about altcoins and I really want to trade some alt's here soon.
[SPEAKER_09]: I'm just waiting to see a bit more of a reversal.
[SPEAKER_09]: If you look at the others chart and what this is is saying, hey, if you take the top
[SPEAKER_09]: If you take all of cryptocurrency and you remove the top 10 largest market caps, so you remove the top 10 cryptos by size and you take those out of the equation, that is what this chart shows is essentially the altcoin market without the top 10 largest cryptos like Bitcoin, Ethereum, Solana, XRP, B and B etc.
[SPEAKER_09]: And when you look at that, you know, this has been in a downtrend for over a year now about 13, 14 months.
[SPEAKER_09]: You saw it peaked towards the end of 2024, beginning of 2025, rally down, rally up at a significantly lower high, rally all the way back down.
[SPEAKER_09]: And so I'm really waiting to see a turnaround of this others chart, which better represents the general altcoin population.
[SPEAKER_09]: And I think that once we see that, we can get a better indication of when these altcoins
[SPEAKER_09]: And I think that's where the real opportunity kind of comes out of this and so listen lots to understand lots to look at we're going to definitely make sure to keep everyone posted but
[SPEAKER_09]: plenty of go plenty that's going on here in the world of crypto tv and yeah I mean, I don't know if I missed anything No, you're crushing it.
[SPEAKER_01]: I mean, it's just one of those times where you know technical analysis is one of the tools that you need in the toolbag and I know that You know, you come on and do this for us, you know, once a week or and then we do a little deeper dives
[SPEAKER_01]: But specifically, if you want to learn more about the bull flags and the charting and the technicals and the skills that Brendan has We do talk about his six week course and how it's not always open this week.
[SPEAKER_01]: It is so if you go down to the link the first link in the description Is a link to join Brendan for his six week Course it involves two live trading sessions.
[SPEAKER_01]: So basically you get to do this with Brendan for an hour twice a week plus six weeks of course content to learn the technicals
[SPEAKER_01]: And again, we believe in education is one of the best tool sets and technical analysis is one of the number one things that we look at in the crypto markets.
[SPEAKER_01]: And so, you know, we think now's a good time if any to start learning and kind of making your moves and understanding how to use that tool.
[SPEAKER_01]: So if you're interested in the program, the link is below for you.
[SPEAKER_01]: And if you stay at the end of the show, it's thinking we got a lot of people in the chat.
[SPEAKER_01]: We got Ron, we got Juan, we got Zen, we got a couple other people on a grant out there.
[SPEAKER_01]: If you guys stay at the show, if you want, we can maybe take some tickers from the crowd and do some more charting for people if they stick around to the end of the show.
[SPEAKER_01]: But we'll move on and we'll do that at the end.
[SPEAKER_01]: There was a lot going on this week, Brandon Davos, the world economic form.
[SPEAKER_01]: You had a different name for it, you gave it.
[SPEAKER_01]: I don't want to take credit for it.
[SPEAKER_01]: What was the word you came up with?
[SPEAKER_09]: I think I said it was something like, it should have been called the world crypto forum with how much crypto was getting talked about.
[SPEAKER_01]: should have been the world crypto form.
[SPEAKER_01]: I can't disagree with you.
[SPEAKER_01]: So basically this next segment.
[SPEAKER_01]: There's a lot.
[SPEAKER_01]: So the world economic form happened in Davos and the president gave us speech yesterday.
[SPEAKER_01]: Everybody was there from business finance.
[SPEAKER_01]: Elon Musk wasn't even supposed to be there.
[SPEAKER_01]: He flew in and took the stage as he likes to do to make a little noise.
[SPEAKER_01]: Again, when there's a world stage like this, the world stage, the truly the world economic form is talking about crypto.
[SPEAKER_01]: It's our job, so I think bring it to you and discuss.
[SPEAKER_01]: So we have a bunch of different clips.
[SPEAKER_01]: I don't know which ones will inspire us the most, but we'll start off with the president on stage kind of mentioning the Clarity Act and obviously that involves crypto.
[SPEAKER_05]: So let's take a look.
[SPEAKER_05]: And to that end last year, I signed the Landmark Genius Act into law and now Congress is working very hard on crypto market structure legislation.
[SPEAKER_05]: It coin all of them, which I have signed very soon and I'm locked in.
[SPEAKER_01]: So I pulled up this, you know, obviously just mentioning the Clarity Act.
[SPEAKER_01]: There was a little hiccup on it last week.
[SPEAKER_01]: Markets didn't love it.
[SPEAKER_01]: And Brian Armstrong, which I do have a clip of him, will pull up next.
[SPEAKER_01]: But specifically for the Clarity Act, it looks like there's an updated market structure Bill running around.
[SPEAKER_01]: And the next meeting for it is next week.
[SPEAKER_01]: So they are I just see a lot of chatter on it.
[SPEAKER_01]: I'm not personally in breaking down these bills and seeing what's changed and what's not, but there's a lot of progress going on.
[SPEAKER_01]: And again, this is basically just a press round for all these people to use their mega phones and speak.
[SPEAKER_01]: So we'll pull up Brian Armstrong next to hear what he was saying out in Switzerland this week.
[SPEAKER_08]: Tell us what happened exactly last week.
[SPEAKER_06]: Yeah, so last year, we got the Genius Act pass.
[SPEAKER_06]: That was a great piece of legislation for crypto.
[SPEAKER_06]: And now, whatever one's working on, it's called market structure, the non-stable coin crypto assets.
[SPEAKER_06]: And there's been a ton of hard work.
[SPEAKER_06]: The Senate has been amazing to work with.
[SPEAKER_06]: There's a lot of constituents coming in to offer their opinion, including the crypto industry.
[SPEAKER_06]: And of course, Coinbase has a point of view, although we don't represent the crypto industry.
[SPEAKER_06]: And we saw some draft text midnight on Monday night.
[SPEAKER_06]: Our lawyers started looking at it on Tuesday.
[SPEAKER_06]: I was in DC on Wednesday.
[SPEAKER_06]: We started to notice some pretty serious issues in the draft text that we had a concern with and it didn't appear to be a plan to actually get that fixed coming out of a Senate banking committee mark up and so we actually felt like we had an obligation to go out and defend our customers rights and say we have some issues here, we were careful not to comment on what the Senate should do in terms of mark up or not, but they did decide to postpone it and so now there's an opportunity for us to come back and chat with the bank CEOs and see what we create a win-win outcome.
[SPEAKER_01]: So, good take obviously we've kind of broke down his position of where they were and you know very coin-based focused self-serving focus, but, you know, just raising their hand and saying, hey, this isn't, you know, good for the customers, the banks are controlling, especially around the yield and the stable coins.
[SPEAKER_01]: And then the last one here, Brandon, I'm going to play and then we'll have an open discussion is David Sachs, our cryptos are somebody that's in the administration.
[SPEAKER_01]: So, let's hear what he had to say on the topic and then we'll break down.
[SPEAKER_03]: compromise that what leaves a little bit unhappy right but I think what's going to happen is that after market structure passes the banks are going to get fully into the crypto industry so we're not going to have a separate banking industry and crypto industry it's going to be one digital assets industry and I think and well they'd be very good.
[SPEAKER_03]: They're pretty much going to evolve over time and I bet you over time the banks like the idea of paying yield because they're going to mean the sibling business.
[SPEAKER_02]: But will they also be regulated the same way and I guess that's a big I mean the banks will say hey if they get to do all the same things we do how come they don't get regular
[SPEAKER_03]: Well, I guess because they're offering slightly different products, right?
[SPEAKER_03]: So, but, I mean, everyone offering the same product should be right in the same way, and we want to get to that harmonization.
[SPEAKER_03]: Good compromise, everyone leaves the list.
[SPEAKER_01]: Good compromises, everybody leaves a little bit unhappy.
[SPEAKER_01]: That's, that's, I don't know if that's the art of the deal in that book specifically, but that is a good rule of life for compromising.
[SPEAKER_01]: So, you know, sounds like David's axis hearing some feedback and obviously, you know, has big ties with the banks and, you know, is working as the crypto AI's are.
[SPEAKER_01]: So, she's the one that's really trying to tie it all together.
[SPEAKER_01]: And, you know, those soundbites speak to you, Brendan, obviously the market structure, like I pulled up the slide
[SPEAKER_01]: new meeting for January 27th to keep pushing this forward, but thoughts from Davos.
[SPEAKER_09]: Yeah.
[SPEAKER_09]: I mean, there's a lot of the big takeaway that I had is that there's a lot of anticipation.
[SPEAKER_09]: There's a lot of people getting prepared.
[SPEAKER_09]: But most importantly, there's a lot of people in most people, especially the institutional side, continues to sit on the sidelines.
[SPEAKER_09]: Until maybe we get this figured out because you have both the market structure built in the Clarity Act.
[SPEAKER_09]: And it seems like everyone's waiting for something to happen with those.
[SPEAKER_09]: I mean, David's access has essentially said that himself.
[SPEAKER_09]: He said, you know, banks are waiting on the sidelines for this to get past.
[SPEAKER_09]: You're seeing the same thing with the Clarity Act.
[SPEAKER_09]: People are waiting on the sidelines for the Clarity Act to get past.
[SPEAKER_09]: Why?
[SPEAKER_09]: Well, we've talked about this the past couple of weeks.
[SPEAKER_09]: It's the fact that they want clarity on regulation, so that they can know exactly what they can and what they can't do.
[SPEAKER_09]: without putting themselves in trouble.
[SPEAKER_09]: Because under the previous administration, we saw cryptos get added, cryptos get taken away.
[SPEAKER_09]: New products and features get added, new products and features get taken away.
[SPEAKER_09]: We saw companies do things and then they'd go disappear.
[SPEAKER_09]: And this was this kind of back and forth.
[SPEAKER_09]: And so a lot of people are waiting on the sidelines saying, hey, let us get clarity, let us get structure, which is the primary purpose of these two different things.
[SPEAKER_09]: And they're waiting for to see that.
[SPEAKER_09]: And I think once we get both clarity and structure set up, the floodgates open to it agree.
[SPEAKER_09]: And it's funny because I just talked to, I believe it was one of the co-founders of Tether.
[SPEAKER_09]: And he was saying the same thing.
[SPEAKER_09]: He's like, the floodgates are waiting to be open, but it's dependent upon this bill and how it's written and what's inside of it.
[SPEAKER_09]: And so we continue to see themes from,
[SPEAKER_09]: people in places all over saying the same thing and it's at times like these where you don't need to overthink it.
[SPEAKER_09]: They're telling you exactly what's happening and you know people always want to kind of overthink it and think oh well maybe they mean something cryptic well maybe we can take it for a face about you and what they're telling us.
[SPEAKER_09]: So let's be patient here let's see this stuff get passed let's see what's inside of it.
[SPEAKER_09]: And then I think that it has the potential to open up the floodgates.
[SPEAKER_09]: And that's the primary thing that we've seen from this.
[SPEAKER_09]: I think the other thing, Tevo, and I know we have this on the outline, is that a lot of flood was going away here.
[SPEAKER_09]: You started to see at Davos as well, a lot of the fears about Greenland and macro economics in
[SPEAKER_09]: geopolitical tensions and tariffs and all of these things started to disappear.
[SPEAKER_09]: Everyone got together, guess what?
[SPEAKER_09]: These started talking it out.
[SPEAKER_09]: They started creating solutions and all the stuff looks like it's at least going away, and the very least it looks like it's de-escalating across the board.
[SPEAKER_09]: And so what happens?
[SPEAKER_09]: Oh, well, fear and certainty and doubt, which we call fud is going away.
[SPEAKER_09]: And when that happens,
[SPEAKER_09]: Guess what?
[SPEAKER_09]: Everyone's saying, okay, I feel more comfortable and vesting.
[SPEAKER_09]: It looks like we are working towards solutions and because of that, people are feeling more risk on with their money.
[SPEAKER_09]: Here we have Bitcoin over the last three days starting the piece together a couple of green days in a row and everything's moving back to the upside.
[SPEAKER_09]: So again, not saying things can't go lower and they can't re-escalate, but
[SPEAKER_09]: You know, we're at at least seeing some some de-escalation here and tensions are falling and prices are like in it prices are like in it.
[SPEAKER_01]: Yeah, I think it's a great point of everybody getting together.
[SPEAKER_01]: You know, we kind of talk with it was you or Brian or we've had it on the run down of saying like, hey, we've seen this dance before the liberation day was the first time the market had did I just kind of the volatility of the administration and this, I think for people that have cooler heads and are trying to look past the politics of it and just trying to be investors are trying to, you know,
[SPEAKER_01]: play the game a little bit better than the people who are just, you know, blowing gaskets due to politics is, you know, the Greenland thing is is a discussion that the administration clearly wants to have, um, but, you know, a military action of taking over Greenland here, as you can see, the memes were, uh, were all time, uh, this week leading into, uh, them all getting together.
[SPEAKER_01]: And like you said, cooler heads prevail.
[SPEAKER_01]: And I think, uh, we got, we got a clip from CZ that will transition to
[SPEAKER_01]: got out of his partner at a jail running around you know first time I've kind of seen him on the the US kind of business channels running around because he was in Davos I saw him say uh I think he's on CNBC it was like uh 2026 is a Bitcoin super cycle and the guy was like 2026 he's like yeah yeah 2026 Bitcoin super cycle what's gonna happen the CZ as always perm a bull but
[SPEAKER_01]: The we had the quote here talking about governments tokenizing their assets it's about 90 seconds we don't play CZ that much so let's let's hear what he had to say on stage at Davos
[SPEAKER_00]: People's space, there's really two proven industries that have exchanges and stable coins, put a large business.
[SPEAKER_00]: I'm really excited about three new more.
[SPEAKER_00]: I think tokenization is a huge one.
[SPEAKER_00]: I'm talking with probably a dozen governments about tokenizing some of their assets because this way the government can actually realize the financial first, financial gains first, and use that to develop those industries, extractions, you know, the trading markets, et cetera.
[SPEAKER_00]: Payments is something that we've tried, have not really conquered, and we'll have not really started in crypto, we tried, but it doesn't nobody really pays in crypto.
[SPEAKER_00]: But I think now we're seeing the convergence of traditional payment methods on the behind the scenes, being supported by crypto.
[SPEAKER_00]: So the the spenders, swivel card,
[SPEAKER_00]: crypto gets deducted from their account.
[SPEAKER_00]: The merchants gets US$1 or US$1 or higher whatever they get.
[SPEAKER_00]: So now when we have those bridges, I think payments is going to come pretty big.
[SPEAKER_00]: The third one is which you guys all mentioned is AI.
[SPEAKER_00]: The native currency for AI agent is going to be crypto.
[SPEAKER_00]: They're not going to use bank cards.
[SPEAKER_00]: They're not going to swipe credit cards.
[SPEAKER_00]: They're going to crypto block chance that most native technology interface for AI agents.
[SPEAKER_01]: it does make sense while this is obviously super important.
[SPEAKER_01]: I think we can agree that we're super biased in that aspect, but it does make sense that the clarity act and all this stuff is going to take a lot of time and there's a lot of opinions because I do agree with that kind of statement that all this kind of just transcends into the future of all these things AI, stablecoins, crypto, payments, new, these new rails of the new financial system are being built.
[SPEAKER_01]: And I think
[SPEAKER_01]: we've kind of done a good job on the show of again not trying to be too political but it is huge this this legislation that goes through is something that sets up the system for the next generation of finance and it's exciting but it's also a little scary because you want to you know you definitely want it to be done right and as we know it's hard to do that down in DC.
[SPEAKER_09]: Yeah, and what's so that to me is he said that I'm talking to a dozen about a dozen different countries about tokenization, and as we'll see with a couple of these other clips, tokenization was was one of the huge talking points of this.
[SPEAKER_09]: Jamie Diamond from JP Morgan was there and he was obviously been very pro this, you have CZ talking about it, you had all these other people and again we'll see in the future clips but it was a big talking point and he's right and the world's opening up to this and when it comes to AI agents he makes a really good point.
[SPEAKER_09]: where AI agents, they aren't people, they don't have birth certificates, they don't have social security numbers, they cannot have a bank account.
[SPEAKER_09]: And so what they do here is they say, okay, well, since they can't have a bank account and an identity and all these things, they can have a cryptocurrency wallet.
[SPEAKER_09]: And that's one of the things that we've seen popular is that you can actually create these AI agents, which for people who don't know what an
[SPEAKER_09]: AI agent is it's an AI that is really hyper-focused on doing something specific that you have instructed it and trained it towards.
[SPEAKER_09]: So you can make it operate it and if you give it a crypto wallet, you're essentially giving it money that it can transact with.
[SPEAKER_09]: So if it needs to go do something and pay for something and get something done, it can exchange the cryptocurrency in the wallet that you've given it as a means of payment for whatever they need.
[SPEAKER_09]: He's writing the sense that a lot of these AI agents can really only function with crypto wallets because under the current stuff that we have set up, under the current rules and regulations and infrastructure, they simply cannot operate with a bank account or with the AI.
[SPEAKER_09]: So the only way that these things can actually work and operate and have a means of monetary exchange and transaction is with crypto and with the crypto wallet.
[SPEAKER_09]: And we've seen that become
[SPEAKER_09]: I would say really popular and arguably really successful at well as well and we talked to some of these big AI founders about this stuff and they love it and they've had some pretty bunny stories as well about what they've had these things go and do and these these things have been able to go and hire people off a fiber and they have really good problem solving and it's like oh well we need something done and then they go to fiber or upwork and then they hire someone to do it and then it comes back and they get what they need and
[SPEAKER_01]: it's crazy it really is crazy and so crypto kind of is acting at least for the moment as the back bone that enables that to even be possible in the first place yeah it's just a common talking point you put this clip up this is a quick one but it's uh b and y melons CEO basically saying you know hey hi they quote you very many crypto
[SPEAKER_04]: excited, we're excited about eight always appreciate talking to you, we're excited, we're excited about AI, we're excited about digital assets, we're excited about innovation, we're excited about our people and all of that is for serving our customers and so you can feel that in the halls of the company today and that's a fun thing.
[SPEAKER_01]: It's just it's the main talking point everybody from you know black rock down to be in y melon and that's why your regional banks are going to start doing this I think I did I put this in the notes.
[SPEAKER_01]: I might the coins the coin goes public.
[SPEAKER_01]: Here we go.
[SPEAKER_01]: So here we go Let's I'm skipping over the sheet here, but this is this is the point of like it's it's a good game in Yang to Davos.
[SPEAKER_01]: So like we're talking about okay the
[SPEAKER_01]: the richest people in the biggest, you know, bankers in the world, go all flying the Switzerland, what are they talking about?
[SPEAKER_01]: Bitcoin, crypto, AI, and it trickle, this is the trickle down effect.
[SPEAKER_01]: So I'm going to play this video and this is a local news bit.
[SPEAKER_01]: So it's a rockford, Illinois's wealth management firm.
[SPEAKER_01]: It's going to be Bitcoin base.
[SPEAKER_01]: So I thought this was really cool.
[SPEAKER_01]: And we're going to go back to Davos in the second, but I just, this hit my mind is like a good yinging young.
[SPEAKER_01]: So let's listen how far down the pathway this is starting to permeate.
[SPEAKER_08]: Business is welcome then to the Forest City.
[SPEAKER_08]: Local leaders gathered to celebrate the opening of Orange Horizon Wellf, the firm originated in Indiana.
[SPEAKER_08]: They helped people plan their finances.
[SPEAKER_08]: The location is the first local wealth management company to add cryptocurrency to its practice along with the first Bitcoin base business to join the greater rock for Chamber of Commerce.
[SPEAKER_08]: How many fields said it's great to bring something new like Bitcoin to the rock for community.
[SPEAKER_01]: So we're bringing, we're bringing Bitcoin all the way from Davos, Switzerland to Rockford, Illinois.
[SPEAKER_01]: That's, I think that's the future.
[SPEAKER_01]: That's what we've been kind of saying on this program for years is we're, you know, trying to build a program and education system around the future of finance.
[SPEAKER_01]: And I think nothing shows that better than kind of the last 10 minutes of this show of taking the most powerful people in the world in the world economic forum,
[SPEAKER_01]: You know, big coin crypto AI, the same things, and then be like, oh, and by the way, that you can go down to Rockford, Illinois, and it's starting to be this Bitcoin based, you know, wealth management firm.
[SPEAKER_01]: That that's the slow transition that you're going to start seeing of people downstream.
[SPEAKER_01]: These smaller fish are going to start buying into this.
[SPEAKER_01]: We're ahead of the curve.
[SPEAKER_01]: That's what we always like to say, right, zoom out and what else we're early.
[SPEAKER_01]: and so sometimes you just got to let these things play out and the market structure bill we've played countless clips of once the market structure bill gets signed it's off to the races the banks will get involved the banks will get involved so i think that's that's kind of the story and the fundamental positive news that we've been stuck in repeating not necessarily repeating it's always new stuff but the price has been stuck in the mud a little bit where the fundamentals and the news has been so bullish
[SPEAKER_09]: Yeah, no you're spot on man.
[SPEAKER_09]: It's we're seeing it everywhere from top to bottom small and big you're seeing it everywhere And another place that we saw this recently was with bit go bit go just went public and They're going public at a $2 billion value Asian to the first crypto Company to go public this year if you're not familiar with them
[SPEAKER_09]: They work on like be kind of more industrial side or like institutional side of crypto management.
[SPEAKER_09]: So they have different cost of the options, they have self-custody, they have custodial services, they have hybrid models.
[SPEAKER_09]: And they're really big.
[SPEAKER_09]: I mean, they're a huge player in the crypto space.
[SPEAKER_09]: And that's their primary purpose in function, but they won't public.
[SPEAKER_09]: And I was checking actually to try to see, let me check one more time.
[SPEAKER_09]: to see if they are actually trading in, yeah.
[SPEAKER_09]: So they're now actually trading live.
[SPEAKER_09]: They went public around a $2 billion valuation.
[SPEAKER_09]: They launched it around $22.5 per share.
[SPEAKER_09]: And they're coming down a little bit here.
[SPEAKER_09]: But huge launch here.
[SPEAKER_09]: And so, Chris, I'll continue to attention.
[SPEAKER_09]: You're getting more of these companies going public and the demand for it's there, which is why we're seeing it.
[SPEAKER_01]: Yeah, and Mike Belsheet, the CEO here on your screen, has been on the program multiple times of them.
[SPEAKER_01]: He's definitely been involved in the summits, and he's been on the podcast, so we'll circle back to try to maybe get him back on and to congratulate him and hear the vision for, you know, bit going out of their public, but again, just continuous fundamentally bullish news going kind of through the, uh,
[SPEAKER_01]: You know, through the crypto realm here.
[SPEAKER_01]: I did.
[SPEAKER_01]: We did skip over one thing.
[SPEAKER_01]: We'll go back to we'll close out Davos with the Black Rock CEO.
[SPEAKER_01]: It's not necessarily Switzerland related, but he He did have this quote here, and we're going to play it and then we'll break it down, but he did easy.
[SPEAKER_01]: He did have a nice little like one common blockchain really stuck out and took the Took the Twitter the crypto Twitter sphere by fire.
[SPEAKER_01]: So listen to Larry think and then some things to discuss.
[SPEAKER_07]: I think the movement towards tokenization decimalsization is necessary.
[SPEAKER_07]: It's ironic that we see two emerging countries leading the world in decimals and the tokenization and digitization of our currency.
[SPEAKER_07]: That's Brazil and India.
[SPEAKER_07]: I think we need to move very rapidly to doing that.
[SPEAKER_07]: We would be reducing fees.
[SPEAKER_07]: We would do more democratization.
[SPEAKER_07]: I reduce in more fees if we had all investments on a tokenized platform that you can move from a tokenized money market fund to equities and bonds and back and forth.
[SPEAKER_07]: We have one common blockchain, we could reduce corruption.
[SPEAKER_07]: So I would argue that, yes, we have more dependencies on maybe one blockchain, which we could all talk about.
[SPEAKER_07]: But that being said, activities are probably processed and more secure than ever.
[SPEAKER_01]: So same concept where, you know, everything's coming on chain, tokenization, the same concept you've heard, you know, basically from every clip we've played for the most part.
[SPEAKER_01]: And then I just thought it was interesting that he said, you know, the one blockchain thing, like what, what, what, what blockchain is that going to be?
[SPEAKER_09]: I would imagine it's Ethereum.
[SPEAKER_09]: I mean, and again, that's not me talking from bias.
[SPEAKER_09]: I'm just saying, if you look at where,
[SPEAKER_09]: If you look at where they put most of their resources, you have the Biddle Fund on Ethereum, you have them making the primary focus of their efforts on Ethereum, right?
[SPEAKER_09]: So I would imagine that he's talking about that.
[SPEAKER_09]: Because when you look at Bitcoin, again, they like Bitcoin.
[SPEAKER_09]: He thinks good of Bitcoin.
[SPEAKER_09]: They really like it.
[SPEAKER_09]: They have the most successful ETF over there on the crypto side is Bitcoin.
[SPEAKER_09]: But when you look at Bitcoin in terms of building infrastructure, it's really not what it's used for the most part today.
[SPEAKER_09]: So when he's saying, like, one common blockchain, I think that's saying, hey, obviously Bitcoin's going to be there, but when it comes to infrastructure build out, that's kind of excluded, because that's really not what it does.
[SPEAKER_09]: And so then you could argue, okay, well, is it Bitcoin?
[SPEAKER_09]: Is it Ethereum?
[SPEAKER_09]: Some people would maybe want to try to throw XRP or Sue or other things in there.
[SPEAKER_09]: But when you look at the bulk of their resources and efforts and their total capital that they have on chain,
[SPEAKER_09]: It primary comes down to Ethereum.
[SPEAKER_09]: So I think that's where he's, and that's more so like what he's insinuating.
[SPEAKER_09]: That's what I would take away from that.
[SPEAKER_09]: And again, I'm a huge salon of fan too.
[SPEAKER_09]: I'm a huge Ethereum fan.
[SPEAKER_09]: So I would maybe disagree and say, hey, maybe doesn't have to be a one winner takes it all kind of scenario.
[SPEAKER_09]: I think that we're always going to have competitors.
[SPEAKER_09]: That's the natural state of capitalism.
[SPEAKER_09]: Is that so long as there is supply and demand, you're going to have competing products
[SPEAKER_09]: platforms that are going to try to do things differently and better and you're going to have ultimately people have the ability to choose and say okay well I want to go here or there for xy and z reasons that best suit them and that's the way that I view it but I don't think he's wrong in the sense that hey I think we're going to see massive success from Ethereum you clearly are seeing BlackRock as the largest asset manager on the planet I mean I don't know what it is now you know
[SPEAKER_09]: They lead the way because they are the largest, so if they're saying, hey, this is going to happen and they're excited about it and this and that, they set the standard to agree because they are the largest asset manager on the planet.
[SPEAKER_09]: It's ridiculous.
[SPEAKER_09]: I mean, I got a little 14 trillion.
[SPEAKER_01]: No, it's a great point.
[SPEAKER_01]: I'll pull this up.
[SPEAKER_01]: That's exactly where I had.
[SPEAKER_01]: I looked up country GDPs.
[SPEAKER_01]: This is a quick Google.
[SPEAKER_01]: So I'm sure this isn't to the T. But we pull this chart up.
[SPEAKER_01]: All right, 30 trillion for the US.
[SPEAKER_01]: 19 trillion for China, and then, you know, Germany, Japan, five, four, United Kingdom, three,
[SPEAKER_01]: black rock and again that doesn't mean they own it that doesn't mean that black rock owns everything but they're managing it right they're the custody um it gives you a lot of power and so you could slide them in you know right above Germany just crazy which is crazy um but i think it's a great it's a great point and and just shout out to the chat
[SPEAKER_01]: Because that's what this is.
[SPEAKER_01]: It's like again, it's we're giving our opinions and thoughts and none of it's personal financial advice But no a blues says no shot.
[SPEAKER_01]: It's gonna be XRP.
[SPEAKER_01]: So shout out to no a blue get an active in the chat Thank you to everybody who showed up today if you guys can just give it a like And then if you have and if you're new here on the bottom right of the screen if you could click our logo and subscribe and give the video like it really helps us grow and keep doing
[SPEAKER_01]: The awesome free content, but yeah, I mean, BlackRock is a powerhouse.
[SPEAKER_01]: I kind of agree with you.
[SPEAKER_01]: I think he was sitting at Ethereum, but maybe not.
[SPEAKER_01]: Maybe no is right.
[SPEAKER_01]: And it's XRP or like you said, I think the capitalism of the whole way that this industry came to be from the start is always going to keep the innovation fresh.
[SPEAKER_09]: I think what Noah was saying is that there's I think Noah was saying there's no way it's xrp instead of like no shot period It is xrp.
[SPEAKER_01]: Oh, okay.
[SPEAKER_01]: All right.
[SPEAKER_01]: Well, no clarifying the comment.
[SPEAKER_01]: What do you think?
[SPEAKER_01]: No, you're a fire.
[SPEAKER_09]: Are you saying it is or won't be xrp is it is or it's going back at the end because the
[SPEAKER_01]: They're going to be on a little bit of a delay a couple seconds.
[SPEAKER_01]: Okay, we'll move on and we'll come back to the chat and then we'll do, yeah, if you're still here at the end, we'll bring up the charts again with Brendan and do some tickers.
[SPEAKER_01]: So we'll get to that in about five minutes.
[SPEAKER_01]: The most interesting thing I saw last night, I threw it on the sheet, was a coin base announcing a new quantum computer advisory board, publishing position papers on the state of quantum computing, issuing guidance to users.
[SPEAKER_01]: respond real time if there's major quantum breakthroughs obviously this was and will be a continued talking point to the cryptography of Bitcoin as it's safe can it be broken and then all our wallets get hacked by the quantum computer and then the the quick counter argument to that is well if Bitcoin gets broken then the whole financial system is going to be broken and everybody's you know accounts are going to get hacked and all the banks can act which which again
[SPEAKER_01]: from 10,000 feet, I personally believe is true, but I think it's important to do stuff like this and announce stuff like this because if you think BlackRock at $14 trillion under management isn't going to build some quantum computer board and do the research and start to implement ideas for protection, that's where all this is going.
[SPEAKER_01]: And so Bitcoin, as a community, you can't stay stagnant either.
[SPEAKER_01]: I think it's good to put resources and do the research and have, you know,
[SPEAKER_01]: But is this, is this, do you feel the same Brendan or have any thoughts of the board here?
[SPEAKER_09]: Yeah, that is the big thought, is that like, hey, we're probably closer to quantum computing than we had anticipated, and AI is accelerating that timeline and probably gonna make it come sooner rather than later.
[SPEAKER_09]: And the difference here, and some threads that me and Bryce and the team have talked about behind the scenes, is that,
[SPEAKER_09]: The difference is that companies, you know, specific companies can say, hey, this is the threat.
[SPEAKER_09]: Let's put resources in it and you just have the top dogs decide and they just say, that's it, go start it.
[SPEAKER_09]: With Bitcoin, it's a little bit harder, right?
[SPEAKER_09]: Because it's decentralized in nature and you need to have the whole, you know, the majority of people agree and then work towards this change and then like vote on it and implement it and
[SPEAKER_09]: You need kind of a much more unanimous and collaborative, collaborative gathering.
[SPEAKER_09]: You unanimous and collaborative effort between both of those happening in order to make it happen on Bitcoin.
[SPEAKER_09]: So by nature, the process of making Bitcoin quantum computing
[SPEAKER_09]: resistant is very possible.
[SPEAKER_09]: But it's a little bit more drawn out in nature because of how Bitcoin function and operates.
[SPEAKER_09]: So I think that is the fear that people have, is that it's a little bit more easy for a centralized entity to put resources together and decide and act.
[SPEAKER_09]: And it's a little bit more difficult for Bitcoin to actually do this.
[SPEAKER_09]: and it's something that needs to be started pretty far in advance.
[SPEAKER_09]: So I like this.
[SPEAKER_09]: I think that they're doing the right thing and doing this, and it's very possible.
[SPEAKER_09]: Listen, if you think that
[SPEAKER_09]: Again, if you think that all these other companies and everything can make sure that they're quantum resistant, then there's no reason to think that Bitcoin can't become quantum resistant or different blockchains can.
[SPEAKER_09]: In fact, there's already blockchains out there who argue that they are quantum resistant or very close to it.
[SPEAKER_09]: And so it's something that is very, very possible.
[SPEAKER_09]: It's just a matter of Bitcoin probably needs a little bit more of a head start.
[SPEAKER_09]: It needs a little bit more time.
[SPEAKER_09]: to to get to that point.
[SPEAKER_09]: And so that's what people are trying to highlight here and I think Coinbase is right.
[SPEAKER_09]: Again, get the started as soon as possible.
[SPEAKER_09]: Make it ready as soon as possible.
[SPEAKER_01]: Yeah, and it's going to take a lot more discussion and discourse from the community as well to get it done, but there's a reason why people will want to get it done.
[SPEAKER_01]: And that's a couple of our quick hitters to end the the show here is, you know, somebody says nobody uses Bitcoin false Bitcoin has a total transaction volume in 2025 came out 25 trillion for Bitcoin 16 trillion for Visa 9.7 trillion for MasterCard.
[SPEAKER_01]: So, you know,
[SPEAKER_01]: The world is using Bitcoin, and as it continues to grow popularity, you know, hopefully there's more use cases, and kind of like we said, it feels like the way that crypto is going to come to the masses.
[SPEAKER_01]: We've always preached this for years, it's like, there's going to be financial products that are going to be used, and you're not even might not even know that you're using the crypto rails, but I thought this was a cool stat.
[SPEAKER_09]: Yeah, it is.
[SPEAKER_09]: I mean, you have almost more Bitcoin transactions than MasterCard and Visa combined.
[SPEAKER_09]: Almost not quite there, but it's a lot.
[SPEAKER_09]: And if you're unsure if you go and you were to look at Ethereum and Solana, it'd be super impressive.
[SPEAKER_09]: And I'd be interested to see what those numbers look like and kind of line up too.
[SPEAKER_09]: Especially stablecoins.
[SPEAKER_09]: That also be pretty interested in seeing total stablecoin transactions for USDC and USDT compared to this.
[SPEAKER_09]: Maybe we'll pull those numbers and we'll talk about it in next week's episode.
[SPEAKER_01]: But, lots of other things now.
[SPEAKER_01]: We got one more fun one, but before we do that, we're going to do some charts with Brendan and the show some more technical analysis.
[SPEAKER_01]: If you were in the chat and you stayed for the whole show, drop the tickers that you want Brendan to give a quick look at on the TA charts.
[SPEAKER_01]: We'll get to those if you drop them in the comments on the chat, I'll read them off to Brendan.
[SPEAKER_01]: final one brand and this was fun.
[SPEAKER_01]: We talked about the other day.
[SPEAKER_01]: I'll stake stake and shake continues their Bitcoin program and they were buying some more Bitcoin for their reserve for the company and then after the show I saw some more news it was they announced a Bitcoin bonus.
[SPEAKER_01]: 21 cents.
[SPEAKER_01]: I believe it was 21 cents per hour.
[SPEAKER_01]: So every hour worked.
[SPEAKER_01]: You get 21 cents in Bitcoin.
[SPEAKER_01]: I think that's a quite a nice gesture.
[SPEAKER_01]: And you know, I guess if people don't want it, that's a shame, but it gives you a little bit of like financial literacy and education on Bitcoin.
[SPEAKER_01]: And it's, you know, giving back to your employees, you can't get mad about that.
[SPEAKER_01]: So stake and shake really going above and beyond for the Bitcoin community here and coming up with fun ideas to get their employees involved as well.
[SPEAKER_09]: Yeah, I'm a fan of it, man.
[SPEAKER_09]: I like it.
[SPEAKER_09]: I know if I was working and someone offered me bonuses in Bitcoin.
[SPEAKER_09]: I'd take it back in the day before I was even with Crypto 101, and I was doing my own thing.
[SPEAKER_09]: Different people and companies and brands would pay me for a bunch of different services and ads and other things.
[SPEAKER_09]: And a lot of the time I'd say, hey, can you pay me in Bitcoin?
[SPEAKER_09]: Can you pay me in crypto?
[SPEAKER_09]: And I was happy to take it.
[SPEAKER_09]: So, I'm all for this.
[SPEAKER_09]: I'm all for it, T-Vo.
[SPEAKER_01]: I love it.
[SPEAKER_01]: Yeah, if I was a steak at chicken pulley, I'd be stoked.
[SPEAKER_01]: But we're going to transition.
[SPEAKER_01]: I'll stop sharing here, Brendan, and you can pull up the charts.
[SPEAKER_01]: One more call, stop sharing here we go.
[SPEAKER_01]: One more call.
[SPEAKER_01]: We're going to do some technical analysis, Brendan's pulling up the charts now.
[SPEAKER_01]: We're getting your requests.
[SPEAKER_01]: Again, if technical analysis is something that you want to get more involved with,
[SPEAKER_01]: there is a link below in the description for Brendan's six-week course.
[SPEAKER_01]: You literally get to do this twice a week with him for an hour.
[SPEAKER_01]: You throw in your suggestions.
[SPEAKER_01]: Plus you get the six-week course.
[SPEAKER_01]: You get to ask Brendan's questions.
[SPEAKER_01]: You get to learn from top to bottom his expertise as our technical analysis guru and the window is open.
[SPEAKER_01]: We always do promote try to promote that he has the course, but the window is not always open.
[SPEAKER_01]: So we are in the time where the window
[SPEAKER_01]: So check the link below.
[SPEAKER_01]: If you want more technical analysis, which we're going to do right now.
[SPEAKER_01]: Let's start off with Chainlink.
[SPEAKER_01]: Link was the first one in their interest.
[SPEAKER_01]: It obviously with all the news of the New York Stock Exchange using Link.
[SPEAKER_01]: Definitely, again, one of those things.
[SPEAKER_01]: A lot of bullish fundamental news around it where the price action may be.
[SPEAKER_01]: It's looking to find a bottom there, but super, super bullish news recently for Chainlink.
[SPEAKER_09]: Yeah, some big news.
[SPEAKER_09]: When it comes to chain link, I mean, they are the dominant oracle provider in the crypto space.
[SPEAKER_09]: They hold the vast majority of market share.
[SPEAKER_09]: They're extremely dominant from an oracle perspective.
[SPEAKER_09]: And they constantly land some big deals.
[SPEAKER_09]: They have a good reputation.
[SPEAKER_09]: But you don't see a lot of negative catalysts happen to them.
[SPEAKER_09]: So I think all that's good, and I like Chainlink for those reasons.
[SPEAKER_09]: From a chart perspective, you can clearly see that this area down here around 12 bucks has been a pretty consistent support since November.
[SPEAKER_09]: We bounced off this once, twice, three times, four times.
[SPEAKER_09]: You know, we continue to find a lot of support down and around this area.
[SPEAKER_09]: And so I want to take note of that.
[SPEAKER_09]: But as you zoom out here, you can see, hey, this has been a pretty long trend line.
[SPEAKER_09]: We're going all the way back to 2023.
[SPEAKER_09]: We've kind of bottomed out,
[SPEAKER_09]: Form the higher low, rows up, form the higher lows consistently, and we continue to bounce off of this trend line.
[SPEAKER_09]: You're like half a dozen times over the last three or four years now.
[SPEAKER_09]: And so it's been a pretty consistent support zone.
[SPEAKER_09]: The number one thing I want to highlight about chain link is that as we actually zoom out here, what you have is a huge penit forming.
[SPEAKER_09]: where you've seen higher lows and lower highs for a long time, you see resistance falling into support and support rising down here if you couldn't even clear this away, rising in the resistance and you can see that.
[SPEAKER_09]: And so what this means is that the range on chainlink has been getting tighter.
[SPEAKER_09]: and tighter, and tighter, and tighter, and you can see it starting to really squeeze in here.
[SPEAKER_09]: And it goes back into the original thought that we were talking about earlier of, hey, large cap in the crypto market as a whole, it's squeezing.
[SPEAKER_09]: You're seeing these consolidation ranges tightened.
[SPEAKER_09]: You're seeing the clear push against resistance in support, and crypto is sitting at these key levels.
[SPEAKER_09]: And we're seeing this across the board and chain links no exception of this.
[SPEAKER_09]: On the weekly chart, which is what we're looking at here, you can see it very clearly.
[SPEAKER_09]: Chain links at this $12 support.
[SPEAKER_09]: It's at this multi-year trend line.
[SPEAKER_09]: It's at the 200-week moving average.
[SPEAKER_09]: And you're seeing just a lot of stuff happen around this price action.
[SPEAKER_09]: So I would be looking at this and saying, hey, this is a pretty important zone.
[SPEAKER_09]: Long from a multi-year perspective, this is historically been the area where chain links bounces off of.
[SPEAKER_09]: You look at 2023 and it bounced off this trend line.
[SPEAKER_09]: You look at 2024, 2025, now 2026, and it continues to find support and buyers around this area.
[SPEAKER_09]: So I'd be looking at the saying, okay, with that in mind, we know it's a historic level.
[SPEAKER_09]: If we do break down below here, you know, maybe we keep an eye on it.
[SPEAKER_09]: If it tries to head back towards 10 bucks, because that would maybe be the next level.
[SPEAKER_09]: But if it does hold on here, and it is able to hold on, you know, the next stop for resistance is hey, maybe around the 200-day moving average around 17 bucks.
[SPEAKER_09]: But towards the top of this big old penit is probably putting it closer to $21 a little bit higher if it kind of goes up onto the upside.
[SPEAKER_09]: So, you know, lots happening on chain length.
[SPEAKER_09]: I think they're pretty hard to be bearish about in the long term.
[SPEAKER_09]: If you are looking to get a accumulation down here, just understand like, hey, sometimes when you're accumulating down here, it might take a couple of months, you know, maybe a year to really rally.
[SPEAKER_09]: You know, here we could have seen how people were buying down here around May, and it wasn't until the following March, where it was really back up to the peak, and then you could have bought around August, and then maybe, you know, months later it was up at its peaks in January of the following year.
[SPEAKER_09]: you could have bought an April and then it was up the following August.
[SPEAKER_09]: So again, we're not saying of like, this is a quick turnaround for the next day or two, but you just keep in mind, you know, it's historically been a half-decent area of accumulation, obviously never financial advice, but this is more of a longer term play down here when we look at what history has shown us.
[SPEAKER_09]: What else we got to you know, it's all we had.
[SPEAKER_01]: I don't know, that's yeah, we can do we'll do sui and then pengu and then we'll wrap it up unless anybody knew has any suggestions.
[SPEAKER_01]: We got wrong.
[SPEAKER_01]: We got no anybody knew we'll do one more after that.
[SPEAKER_01]: But let's do sui and then pengu.
[SPEAKER_09]: All right, yeah, let's take a look at both of these.
[SPEAKER_09]: Sui is one that I have been following.
[SPEAKER_09]: In fact, I have a custom Sui chart right here.
[SPEAKER_09]: Sui, you saw a pretty big area of support break here.
[SPEAKER_09]: And then you saw all this breakdown happen, right?
[SPEAKER_09]: You had this trend line.
[SPEAKER_09]: It was bouncing and bouncing and bouncing and then it broke and then the breakdown kind of just,
[SPEAKER_09]: Followed pretty aggressively afterwards, similar story where it's like, hey, you have this local support area around the dollar and 40 to a dollar and 50 cents.
[SPEAKER_09]: And that has been the primary support.
[SPEAKER_09]: I think that's really what you want to hold on to on Sui.
[SPEAKER_09]: Is if you can hold on to it, I think there's a decent chance where you go back up to maybe a dollar and 90 cents, maybe even two bucks.
[SPEAKER_09]: And that's going to be a big resistance.
[SPEAKER_09]: If you break here, you don't want to be pretty careful.
[SPEAKER_09]: I think if you break here, it's in a gnarly spot.
[SPEAKER_09]: There's a chance that this goes back down towards at least $1.00 maybe lower.
[SPEAKER_09]: So that could be 50% drop is something that's not 50.
[SPEAKER_09]: Maybe 30% drop is something that's on the table.
[SPEAKER_09]: If this structure breaks to the downside, so I really don't want to see us break much below a dollar in 30 cents a dollar in 40 cents.
[SPEAKER_09]: That's the big support.
[SPEAKER_09]: If we are able to hold this, I think you could easily rotate back towards a dollar in 90 cents to two bucks.
[SPEAKER_09]: If you break this previous high, then the next logical area for this to go to is up towards two dollars in 60 cents, which is a pretty substantial run from where you're currently priced at.
[SPEAKER_09]: It's about a 75% rally, so I'm
[SPEAKER_09]: You know what I will say with Sui, is it has seen some relative weakness compared to the rest of the market in recent months?
[SPEAKER_09]: And so I want to be a little bit more careful with it.
[SPEAKER_09]: But if it can start turning around and holding the support and getting back above some of those resistances, it could see some aggressive bids, but I would just want to be a little bit more hesitant with this one because it has been underperforming over the last six or so months.
[SPEAKER_09]: And with Pengu, similar story.
[SPEAKER_09]: Now, this thing's been underperforming for probably the past seven months.
[SPEAKER_09]: If you're looking at it since July or so, in the last 180, so days, pretty, pretty gnarly retracement.
[SPEAKER_09]: You know, over 80% to the downside off the highs, I believe it was about 80% on the head.
[SPEAKER_09]: And it's back at the lows.
[SPEAKER_09]: And so you're seeing this come again, similarly,
[SPEAKER_09]: At an area where we've seen it kind of bounce off this level a couple of times, you really don't want to see it kind of break beneath these loads.
[SPEAKER_09]: You can see it's trying to put in a nice rounding bottom here and you can see the structure start to form.
[SPEAKER_09]: You want to hold this.
[SPEAKER_09]: You want to hold higher lows from here.
[SPEAKER_09]: You want it to start turning around.
[SPEAKER_09]: Again, any kind of break lower beneath this structure.
[SPEAKER_09]: It's just not a good point to look at.
[SPEAKER_09]: You're already starting to see the short term moving averages cross back to the upside.
[SPEAKER_09]: You're starting to see some consolidation.
[SPEAKER_09]: It's trying to put in this rounding bottom reversal in here.
[SPEAKER_09]: That's what you want to see continue from Pengu's structure side.
[SPEAKER_09]: You get anything that's breaking to the downside.
[SPEAKER_09]: I think it's in a danger zone.
[SPEAKER_09]: And again, you're at risk of...
[SPEAKER_09]: decent volatility because as we've seen so far off the highs when structure breaks it gets a lot of volatility to the downside and you see it with these moves.
[SPEAKER_09]: Boom, this one and 33% drop.
[SPEAKER_09]: Boom, this one, 40% drop.
[SPEAKER_09]: This one, boom, another 40% drop.
[SPEAKER_09]: This one, 38% drop.
[SPEAKER_09]: So when you start breaking structure to the townside, it's not uncommon to see a 30, 40% drop in Pengu's price.
[SPEAKER_09]: So I would really want to hold the structure here for this rounding bottom and be a little bit careful because if you do break that structure, we know what kind of volatility can come.
[SPEAKER_09]: The difference here is that, hey, with it trying to put in this nice rounding bottom,
[SPEAKER_09]: Break above maybe 1.3 cents.
[SPEAKER_09]: There's not a lot stopping it from going back up to maybe 2.2 cents, up in here around that 200-day moving average.
[SPEAKER_09]: So just as volatile as this can be to the downside when you break downward structure, if you break upward structure, you can see a lot of volatility to the upside as well.
[SPEAKER_09]: And so it's a little bit of a waiting game to see what will happen and
[SPEAKER_09]: You know, fingers are pretty big name.
[SPEAKER_09]: They got a lot going for him.
[SPEAKER_09]: So, uh, yeah, the front of those of them are pretty decent.
[SPEAKER_01]: Yeah, they were always when I have Brian and Joe on the show.
[SPEAKER_01]: It's like there's always something going on.
[SPEAKER_01]: They just had a partnership with like man, city.
[SPEAKER_01]: They just did the outdoor game with NHL.
[SPEAKER_01]: I mean, there's somebody in the comments.
[SPEAKER_01]: Yeah, it's a pretty awesome real business with the plush toys and books and all that stuff.
[SPEAKER_01]: something that again, we're always going to keep track of for you at the crypto 101 pod.
[SPEAKER_01]: That was Brendan's just expertise deep dive of technical analysis.
[SPEAKER_01]: If you want that twice a week for an hour with Brendan, check the link below for his six week micro boron trading course again endless knowledge to learn from Brendan and you get the live sessions of the Q and A's just pure access to Brendan every week.
[SPEAKER_01]: Check it out in the comments below.
[SPEAKER_01]: I got to link there for you in one glass ass if you haven't yet.
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[SPEAKER_01]: This has been a super awesome Friday.
[SPEAKER_01]: Brendan, thank you so much for coming and spending the time with us and giving us your expertise for technical analysis.
[SPEAKER_01]: A lot of news to break down.
[SPEAKER_01]: A lot of fun.
[SPEAKER_01]: I'm going to be back next week.
[SPEAKER_01]: I think we have brought
[SPEAKER_01]: in Joe Monday.
[SPEAKER_01]: I'll put a post in the community letter if I know what time that'll be.
[SPEAKER_01]: But that's going to be it for us today.
[SPEAKER_01]: I hope everybody enjoyed the show and have a great rest of your weekend.
[SPEAKER_01]: Thank you guys for joining and we'll talk to you soon.
[SPEAKER_01]: Bye everybody.